SWIFT Networks acquires Chromecom, deploys more BTS in Lagos

SWIFT Networks Limited, Nigeria’s leading provider of high-speed broadband and data services to enterprise and customers, has completed the acquisition of the spectrum of Chromecom (subsidiary of Monarch Communications Limited)- another licensed operator, to boost the broadband speed in the country.

Besides, Swift Networks has also concluded arrangement for the deployment of over 1,000 4G Long Term Evolution (4G LTE) base stations in Lagos State to provide its teeming customers with unmatched broadband experience.

Speaking on the development, the Managing Director, SWIFT Networks Limited, Charles Anudu, described the acquisition of the spectrum of Chromecom as a strategic drive for the company in its constant quest for better service delivery to its valued customers.

“As a company, we believe in pursuing strategic initiatives that ensure that we continuously reinforce our brand essence and value proposition to our teeming customers. With the additional spectrum from the Chromecom acquisition, the refarming of our WiMAX spectrum for 4G LTE services and the additional base stations deployment, we will deliver an ultra-fast broadband experience comparable to the best anywhere in the world’,’ he stated.

According to the Chief Operating Officer (COO), Chuma Okoye, “delaying our expansion to Abuja and Port Harcourt till now was deliberate to ensure that we would have first nailed down the Lagos market properly and then mustered the resources, human and otherwise, experience, systems and processes to ensure that our success is replicated in these new markets.”